REDDING, Calif., July 10, 2024 /PRNewswire/ -- According to a
new market research report titled, 'PAP Devices
Market Size, Share, Forecast, & Trends Analysis by
Type [CPAP, BiPAP, APAP, Accessories (Masks, Headgear)], Disease
[Obstructive Sleep Apnea, COPD, Respiratory Failure] End User
[Hospitals, Home Healthcare Settings] - Global Forecast to
2031,' published by Meticulous Research®, the
PAP devices market is projected to reach $6.97 billion by 2031, at a CAGR of
5.2% from 2024 to 2031.
Download Sample Report Now-
https://www.meticulousresearch.com/download-sample-report/cp_id=5534
Positive airway pressure (PAP) devices pump air under pressure
into the airway of the lungs. These devices prevent airways from
collapsing, which may slow down breathing in people with
respiratory problems such as obstructive sleep apnea. (OSA).
Positive airway pressure (PAP) devices are used in hospitals, sleep
clinics, and home healthcare settings to treat adult and pediatric
or neonatal patients. Types of PAP devices include continuous
positive airway pressure (CPAP) devices, bilevel positive airway
pressure (BiPAP) devices, and automatic positive airway pressure
(APAP) devices.
The growth of this market is driven by the increasing prevalence
of respiratory and sleeping disorders, the rising geriatric
population suffering from respiratory disorders, the introduction
of new sleep apnea devices, growing awareness about the adverse
impacts of untreated sleep apnea, and favorable reimbursement
policies for sleep apnea therapies and devices. However, PAP
devices are expensive and not suitable for patients with certain
conditions, which restrains the market's growth.
Furthermore, technological advancements in Positive Airway
Pressure (PAP) devices and a rising preference for out-of-hospital
healthcare are expected to offer significant market growth
opportunities. However, the side effects of PAP devices and the low
adherence rate for sleep apnea devices are challenging the market's
growth.
Get a Glimpse Inside: Request Sample Pages-
https://www.meticulousresearch.com/request-sample-report/cp_id=5534
Product Launches and Approvals to Boost the Growth of the PAP
Devices Market
A positive airway pressure (PAP) device helps sleep apnea
patients by blowing pressurized air through the airway to keep the
throat open. According to the National Institutes of Health (NIH),
in 2020, 26% of people in the U.S. aged 30–70 years were affected
by sleep apnea.
PAP devices keep patients' airways open while sleeping, allowing
them to breathe the oxygen they require for optimal functioning.
Therefore, various PAP devices are adopted to induce better sleep
and treat other sleep-related conditions. Key players are focused
on product launches and approvals to strengthen their positions in
the market. For instance:
- In March 2023, Inspire Medical
Systems, Inc. (U.S.) received approval from the U.S. Food and Drug
Administration (FDA) for its Inspire therapy for pediatric patients
with obstructive sleep apnea.
- In August 2021, ResMed Inc.
(U.S.) launched the AirSense 11 PAP Series devices to improve the
treatment and management of sleep apnea.
Such developments are expected to drive the growth of this
market.
The PAP devices market is segmented based on Product (Continuous
Positive Airway Pressure (CPAP) Devices, Bilevel Positive Airway
Pressure (BiPAP) Devices, Automatic Positive Airway Pressure (APAP)
Devices, Accessories [Masks {Full Face Masks, Nasal Masks, Nasal
Pillows/Cushion Masks}, Headgear, Other Accessories]), Application
(Obstructive Sleep Apnea (OSA), Respiratory Failure, Chronic
Obstructive Pulmonary Disease (COPD), Heart Failure), End User
(Hospitals and Sleep Clinics, Home Healthcare Settings), and
Geography. The study also evaluates industry competitors and
analyzes the market at the regional and country levels.
Have Specific Research Needs? Request a Customized
Report-
https://www.meticulousresearch.com/request-customization/cp_id=5534
The report also includes an extensive assessment of the key
growth strategies adopted by leading market players in the last
three to four years. Some of the key players operating in the PAP
devices market are ResMed Inc. (U.S.), Koninklijke Philips
N.V. (Netherlands), Inspire
Medical Systems, Inc. (U.S.), Fisher & Paykel Healthcare
Corporation Limited (New Zealand),
Medtronic plc (Ireland), Rotech
Healthcare Inc. (U.S.), Cardinal Health, Inc. (U.S.), Invacare
Corporation (U.S.), Cleveland Medical Devices Inc. (U.S.), BMC
Medical Co., Ltd. (China),
Löwenstein Medical Technology GmbH + Co. KG. (Germany), SomnoMed, Inc. (Australia), Drive DeVilbiss Healthcare Ltd.
(U.S.), and SunMed, LLC (U.S.).
Based on product, in 2024, the CPAP devices segment is expected
to account for the largest share of 68.2% of the PAP devices
market. The high adoption of CPAP devices for the first-line
treatment of sleep disorders due to their benefits, such as
non-invasiveness, high effectiveness, increased mental alertness
and better mood, faster control of sleep disorders, and improved
sleep quality, support the segment's large market share.
Based on disease, in 2024, the obstructive sleep apnea (OSA)
segment is expected to account for the largest share of the PAP
devices market. Initiatives supporting the early diagnosis,
screening, and treatment of obstructive sleep apnea and increasing
awareness about the treatment and adverse effects of obstructive
sleep apnea contribute to the segment's large market share.
Based on end user, in 2024, the hospitals and sleep clinics
segment is expected to account for the largest share of
69.9% of the PAP devices market. PAP devices improve sleep
quality, minimize morning headaches and sleep interruption, and
help reduce snoring. Hence, hospitals and sleep clinics prefer
advanced PAP devices over other devices. Additionally, the
increasing prevalence of co-morbidities such as obesity and
cardiovascular disorders, the rising number of undiagnosed sleep
apnea patients, and the large pool of patients with sleep apnea
syndrome visiting hospitals & sleep clinics for diagnosis
support the segment's large market share.
Based on geography, the PAP devices market is segmented into
North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain,
Switzerland, Netherlands, Sweden, Belgium, Denmark, and the Rest of Europe), Asia-Pacific (Japan, China,
India, South Korea, Australia, and the Rest of Asia-Pacific), Latin
America (Brazil,
Mexico, Argentina, and the Rest of Latin America), and the Middle East & Africa (Saudi
Arabia, UAE, South Africa,
Rest of Middle East &
Africa). In 2024, North America is expected to account for the
largest share of 41.5% of the PAP devices market.
North America's large market share
can be attributed to the increasing demand for PAP devices and the
higher adoption of advanced medical devices in the region.
Moreover, the increasing number of organic and inorganic
developments by key players, such as product launches, product
approvals, and acquisitions, is expected to contribute to the
growth of this regional market.
Browse In-depth Report Now-
https://www.meticulousresearch.com/product/pap-devices-market-5534
Scope of the Report:
PAP Devices Market Size & Trends Analysis—by
Product
- Continuous Positive Airway Pressure (CPAP) Devices
- Bilevel Positive Airway Pressure (BiPAP) Devices
- Automatic Positive Airway Pressure (APAP) Devices
- Accessories
- Masks
- Full Face Masks
- Nasal Masks
- Nasal Pillows/Cushion Masks
- Headgear
- Other Accessories
Note: Other accessories include air filters, CPAP pillow, nasal
pads, and power adapters & batteries.
PAP Devices Market Size & Trends Analysis—by
Disease
- Obstructive Sleep Apnea (OSA)
- Respiratory Failure
- Chronic Obstructive Pulmonary Disease (COPD)
- Heart Failure
PAP Devices Market Size & Trends Analysis—by End
User
- Hospitals and Sleep Clinics
- Home Healthcare Settings
PAP Devices Market Size & Trends Analysis—by
Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Spain
- Switzerland
- Netherlands
- Sweden
- Belgium
- Denmark
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East &
Africa
Unlock Opportunities: Buy Now-
https://www.meticulousresearch.com/Checkout/76180529
Related Reports:
Digital Therapeutics Market by Component (Software, Device),
Application (Diabetes, Respiratory, CNS, Gastrointestinal,
Cardiovascular, Addiction, Rehabilitation, Obesity, Nutrition), End
User (Patient, Payer, Provider, Employer)—Global Forecast to
2030
Home Healthcare Market by Offering (Fertility, Pregnancy,
Cholesterol Tests, Oximeters, CPAP, Nebulizers, Ventilators,
Dialysis, Patient Support Equipment), Service (Rehabilitation,
Telehealth, Nursing, Hospice), Application (Cardiovascular,
Diabetes, Respiratory)—Global Forecast to 2030
Latin America Home Healthcare Market by Offering (Equipment
[Therapeutic {Insulin, Dialysis}, Diagnostics {Blood Pressure,
Heart Rate}, Mobility], Service [Skilled {Primary Care, Nursing,
Nutritional}], Application (CVD, Diabetes, Cancer)—Forecast to
2030
Ventilators Market by Product (Instruments, Accessories),
Mobility (Intensive Care, Portable), Interface (Invasive,
Non-invasive), Age Group (Adult, Pediatric), Mode (Volume,
Pressure, Dual), End User (Hospitals, ASCs, Home Care)—Global
Forecast to 2027
About Meticulous Research®
Meticulous Research® was founded in 2010 and
incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a
private limited company under the Companies Act, 1956. Since its
incorporation, the company has become the leading provider of
premium market intelligence in North
America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and
values. Since the inception, we have only thrived to research,
analyze, and present the critical market data with great attention
to details. With the meticulous primary and secondary research
techniques, we have built strong capabilities in data collection,
interpretation, and analysis of data including qualitative and
quantitative research with the finest team of analysts. We design
our meticulously analyzed intelligent and value-driven syndicate
market research reports, custom studies, quick turnaround research,
and consulting solutions to address business challenges of
sustainable growth.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research
Content Source:
https://www.meticulousresearch.com/pressrelease/765/pap-devices-market-2031
Logo:
https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/pap-devices-market-to-be-worth-6-97-billion-by-2031--exclusive-report-by-meticulous-research-302192186.html